CADICO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CADICO
Largest movements
- Tangible fixed assets -€26,114
down €26,114 (-5.6%), from €470,091 to €443,976
of which Land and buildings: -€16,729
- Cash +€17,140
up €17,140 (+49.7%), from €34,484 to €51,624
mainly Depreciation (+€28,102) and Net result for the year (+€6,786)
- Current portion of long-term debt -€15,058
down €15,058 (-83.1%), from €18,121 to €3,064
- Reserves +€6,786
up €6,786 (+5.9%), from €114,557 to €121,343
of which Distributable reserves: +€6,786
- Financial charges +€1,717
up €1,717 (+13.7%), from €12,533 to €14,250
- Other operating charges -€921
down €921 (-10.5%), from €8,790 to €7,869
- Gross operating margin -€848
down €848 (-1.4%), from €60,620 to €59,771
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,232 | €497,510 | -€9,722 | -1.9% |
| Fixed assets | 21/28 | €470,091 | €443,976 | -€26,114 | -5.6% |
| Tangible fixed assets | 22/27 | €470,091 | €443,976 | -€26,114 | -5.6% |
| Land and buildings | 22 | €446,830 | €430,101 | -€16,729 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €708 | +€708 | |
| Furniture and vehicles | 24 | €23,261 | €13,167 | -€10,094 | -43.4% |
| Current assets | 29/58 | €37,141 | €53,534 | +€16,392 | +44.1% |
| Amounts receivable within one year | 40/41 | €1,980 | €1,233 | -€747 | -37.7% |
| Other amounts receivable | 41 | €1,980 | €1,233 | -€747 | -37.7% |
| Cash at bank and in hand | 54/58 | €34,484 | €51,624 | +€17,140 | +49.7% |
| Deferred charges and accrued income | 490/1 | €677 | €677 | = | 0.0% |
| Total equity and liabilities | 10/49 | €507,232 | €497,510 | -€9,722 | -1.9% |
| Equity | 10/15 | €279,357 | €286,143 | +€6,786 | +2.4% |
| Contributions | 10/11 | €164,800 | €164,800 | = | 0.0% |
| Reserves | 13 | €114,557 | €121,343 | +€6,786 | +5.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €114,557 | €121,343 | +€6,786 | +5.9% |
| Amounts payable | 17/49 | €227,875 | €211,367 | -€16,508 | -7.2% |
| Amounts payable after more than one year | 17 | €3,064 | €0 | -€3,064 | -100% |
| Financial debts | 170/4 | €3,064 | €0 | -€3,064 | -100% |
| Amounts payable within one year | 42/48 | €212,680 | €197,183 | -€15,497 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €18,121 | €3,064 | -€15,058 | -83.1% |
| Trade debts | 44 | €7,468 | €7,932 | +€464 | +6.2% |
| Suppliers | 440/4 | €7,468 | €7,932 | +€464 | +6.2% |
| Taxes, remuneration and social security | 45 | €3,551 | €4,170 | +€619 | +17.4% |
| Taxes | 450/3 | €3,551 | €4,170 | +€619 | +17.4% |
| Other amounts payable | 47/48 | €183,540 | €182,017 | -€1,523 | -0.8% |
| Accrued charges and deferred income | 492/3 | €12,131 | €14,184 | +€2,054 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,418 | €28,102 | -€316 | -1.1% |
| Other operating charges | 640/8 | €8,790 | €7,869 | -€921 | -10.5% |
| Gross operating margin | 9900 | €60,620 | €59,771 | -€848 | -1.4% |
| Operating profit (loss) | 9901 | €23,412 | €23,800 | +€389 | +1.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €12,533 | €14,250 | +€1,717 | +13.7% |
| Recurring financial charges | 65 | €12,533 | €14,250 | +€1,717 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €10,879 | €9,553 | -€1,326 | -12.2% |
| Income taxes | 67/77 | €3,020 | €2,767 | -€253 | -8.4% |
| Profit (loss) for the period | 9904 | €7,859 | €6,786 | -€1,073 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,859 | €6,786 | -€1,073 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.